Great interview on KDKA radio this morning on how to cash in on the Marcellus Shale

I have heard of people getting $20K/month for a well, is that accurate? If so, I am buying up land and drilling the hell out of it.

It’s fucking hilarious. Knee-jerk reactionary bullshit to hippie faggot nonsense.

For the idiots that think they know everything that want to actually read something that will inform them about frac water, click this link:

http://www.energyindepth.org/frac-fluid.pdf

Congrats to your buddy getting in with Atlas. If you have the capital to do it, getting some water trucks is probably the 2nd most lucrative business you could get into in PA right now, behind land leasing.

if it’s a shitty well or they have to share the royalties because they are in a production unit. The average marcellus horizontal well will produce between 50-100K per month as the royalty, depending on the price of NG at the time and the royalty percentage negotiated by the landowner.

also, here’s an EXCELLENT video that shows exactly how MS wells are drilled

http://marcelluscoalition.org/2009/01/drilling-process-video/

And we all know that big oil and gas companies never fuck anything up or do anything negligent…

Ask the people out here in Indiana Twp where one blew up a couple weeks ago and killed some ppl…

Or talk to the folks down in the Gulf…

Yeah, all the stuff against it is hippie bullshit. As much as everything you list links to is supported by the very people doing the drilling… It’s all in who you believe, and if you’re getting $$$ bank from it, of course you’ll believe that propaganda.
Until many years in PA (hopefully no where near me) prove otherwise, I go with caution. I don’t trust anything in Texas. Those people would drill through their grandma’s dead body for any natural resource.
Talk to the people up the Mon who are already bitching about how the water and plant/animal life is changing and declining. Is it from frac water or drilling? Who knows. Could be mining. But either way, it’s still due to raping of the natural resources and the people who have no choice but to take the money because until this cash cow came along, they were dirt poor.
I’m as capitalist as one can get and not hippie by any means (and not one to cut back on fossil fuels or “unclean” energy), but I will not sacrifice the remote possibilty of damage to my land, water supply, and most important, the health of my family until someone NOT affiliated with the very group of people doing the drilling can prove over time that it won’t do any of the above.
Fortunately, being capitalist and building my own bank account, I don’t need their friggen money. However I’m fully aware that many around me see huge dollar signs. I hope I’m wrong in my thinking for the simple fact that my neighbors will buckle because of the cash. It only takes one.

Great video

Accidents will (and have) happen. The Marcellus has been know about for decades. Same with horizontal drilling and fracking. But it took rising gas prices to make it economical. Before then, there was still a lot of gas coming from our area - coal gas and other seams. Accidents happened then and will happen again. That’s the price we pay for energy independence.

There has to be adequate oversight to minimize the environmental impact because most problems are from shoddy work - the technology exists for safe, clean gas removal from the Marcellus.

And no one forces you to sell your mineral rights. If you don’t want them drilling under your property, decline the offers. Of course, your gas will migrate to your neighbors’ property and in a decade or two, they can rework your neighbor’s well.

A buddy of mine just signed his paper work for 10 acres in ligoneer… i think they gave him like 80% of what he paid for the property and built his house for … and that is before they touch the land… Mike you may know about this but he plans on buying a truck and running to texas every other week , something about the pipe they use when drilling needs rethreaded? i kinda quit listening after i realized i cant get rich quick

Honestly, my biggest concern are the fly-by-night small companies popping up to cash in on this. If it were done by an experienced company with a proven safety record over time that was verified by an unbiased outside source, or even better, academia, then I wouldn’t be against it so much and perhaps would cash in. But by the time it would be proven enough for my satisfaction, I’ll probably have already missed the boat as I watch my neighbor pull his Bentley in to his 20 car garage that his well bought for him.

Typical pussy liberal response. “oh noes they’re raping the earth”. You want electricity? You have to have NG drilling and coal mining. One of those has little to no impact on the environment to extract it and burns over 50% cleaner, and the other does in fact rape the fuck out of the earth and turns air quality to shit. We want energy independence, but when we find the world’s largest gas reserve underneath PA, we bitch and whine about POSSIBLE water contamination. Let’s just ignore that they’ve been doing this for 10 years in Texas and Louisiana without incident, because people in Texas “would drill through their grandma’s dead body.” :rofl:

companies coming in and exorbitantly compensating landowners to drill the land… let’s whine about that too like it’s a bad thing. :rofl:

The industry could have came in and bought up gas rights for $100 per acre and saved themselves billions, but they didn’t. But let’s hate them for no reason anyways.

Marcellus has indeed been known about for years, but it wasn’t until Range decided to test out new hydrofracturing techniques from the Barnett up here, and it wasn’t due to the price of gas. the Marcellus is much cheaper to drill than the Barnett, and it’s proximity to the northeast markets make it much more appetizing to produce as northeast gas commands a premium on the NYMEX.

But yes, you are 100% right if done correctly Marcellus drilling is as safe or safer than any other industrial jobs out there, and poses a minute risk to pollution. The rewards absolutely demolish the risks. And if an aquifer is contaminated, it’s usually as easy as drilling a new water well to fix. It’s not the end of the fucking world. If you don’t want a well, don’t sign a fucking lease.

:rofl:

There are no “fly by night” companies doing this. It costs 5-10 million on the low end to drill these wells. But yeah, when you see those videos of Saudi Arabia or Dubai or whatever with redneck moron arabians ghostriding supercars, that’s the kind of money we are going to have here in PA. Except instead of all of that money going into a few pockets, it’s going to go into the pockets of hundreds of thousands of Pennsylvanians.

Unless of course unfounded fears of water contamination shut it down and we can continue to live in economic purgatory.

mikey buy me a water truck. those trucks get paid 82hr i’ll take 30hr :slight_smile:

Atlas is who my wife works for in the summer when she not teaching. She makes some good $$$ just sitting on her ass doing nothing lol.

in a year or two, that may be a possibility. Don’t want to count any chickens before they’re hatched, but there could be a pretty nice payout waiting at the end of this thing.

Link to article: http://post-gazette.com/pg/10215/1077192-454.stm

Again, someone posting internet links like they know what the fuck they are talking about… the company I do work for had a few violations. Want to know what they were? They got two for a tear in a silt fence that let a little bit of mud go into a stream during a torrential downpour (when the stream was already completely full of silt), and they ran their one length of casing string a bit too deep.

Anyone that has dealt with any sort of government inspection knows that every time they come out to do a check, they are not going to leave until they find at least a few things. Job security. Back when I owned my pool company, I got a pool shut down because the depth markers I spraypainted on the pool deck were 6 3/4" instead of 7". It was listed as a “serious safety violation”.

Most if not all of those violations pose ZERO threat to the environment. But thanks for providing proof that the DEP is doing their job and beyond adequately keeping an eye on these gas companies.

such allegations are outlandish.

My lock just got fined for having a box of medical gloves on top of our first aid cabinet.

Reason:
The box of latex gloves could fall and hit someone on the head.

:bowrofl:

Doesn’t surprise me at all.

For the most part (there are exceptions to every rule), the operators that are out drilling the Marcellus shale in Western PA are respectable, prudent, experienced operators. There’s enough money coming out of these wells that it’s just bad business to try to cut corners. And when they have cut corners, they’ve been dealt with harshly.

Pay no attention to the man behind the curtain…

http://www.thepittsburghchannel.com/news/23793198/detail.html